More than a dozen CEOs and top-level executives in Hong Kong are taking a crash course in AI with the help of a non-profit to equip them with the skills to help 5,000 secondary school students learn the essentials of the technology. The CEO training on Sunday was a key component of the AI-5000 Initiative,…
China is requiring its data centres to use more home-grown computing chips in a move that underscores Beijing’s accelerated efforts to cut reliance on foreign technology as the US tightens export controls. Publicly owned computing hubs across the country have been asked to source more than 50 per cent of their chips from domestic producers…
Hong Kong’s Stablecoins Ordinance marks a significant milestone, as cross-border payments using the cryptocurrency can facilitate trade-finance flows between Hong Kong, mainland China and global markets such as the Middle East, according to the CEO of Zand, an AI-powered fintech and financial-services group in the United Arab Emirates (UAE). Future development under the ordinance could…
Mainland Chinese buyers and “smart money” from Southeast Asia will continue “bottom-fishing for trophy assets” in Hong Kong’s luxury property market as prices remain depressed through 2025, according to the director and head of residential sales at Savills. Capital from Singapore had been flowing to Hong Kong because the Singaporean market had not declined, Thomas…
Beijing-based Zhongke WengAI, whose services are used by various Chinese ministries and state media outlets, will also jointly develop with Cherrypicks – owned by Hong Kong-listed NetDragon Websoft – enterprise AI solutions for industries such as finance and healthcare, the partners said in a statement on Friday. This collaboration “exemplifies the convergence of China’s AI…
Stock-market bulls convinced of the power of AI to transform the economy often shrug off comparisons to the dot-com bubble a quarter century ago. The real profits are already showing up, unlike in the early days of the internet boom — so it is different this time, the thinking goes. But Bank of America strategist Michael…
Humanoid robots are a hot investment theme, but don’t pre-order one just yet When Elon Musk says Tesla will one day be worth more than Apple and Saudi Aramco combined, he’s not talking about electric cars. He’s talking about robots. At Tesla’s annual shareholder meeting, Musk doubled down on his bet that Optimus — the…
The Trump administration has made curbing China’s access to high-powered AI chips a high priority. According to the government, China may use the chips to build up its arsenal of military technology, and it simply can’t have that. At the same time, America’s considerable and longstanding chip export controls may also be aimed at slowing…
“China doesn’t care about AI safety—so why should we?” This flawed logic pervades U.S. policy and tech circles, offering cover for a reckless race to the bottom as Washington rushes to outpace Beijing in AI development. According to this rationale, regulating AI would risk falling behind in the so-called “AI arms race.” And since China…
Published on: Aug 11, 2025 07:06 pm IST Magnus Carlsen spoke about Elon Musk during an AI chess exhibition tournament, where the world No. 1 was also commentating. Recently, Magnus Carlsen revealed that Elon Musk ‘famously doesn’t have the greatest respect for chess players’. The Norwegian said that he has seen the tech billionaire in…